The Credit Line QREN INVESTE, funded by EU Fund – ERDF (FEDER) through the National Strategic Reference Framework (QREN) / COMPETE, and contractually arranged on 14 July 2010 with Credit Institutions and SGM, has an amount of 800 million Euro and the following features:
MTL, property leasing and leasing of equipment.
To hedge risk financing
Benefit from a mutual guarantee of 40% of the value of each funding increased to 50% for projects with value classifiable transactions up to 1 million Euro.
To pay QREN for the purpose of payment of incentives
Benefit from a mutual guarantee of 40% of the total value of the security from QREN, increased to 50% for projects with eligible operations up to 1 million Euro.
Where the Bank refuses the operation and the application is submitted directly with the SGM, the guarantee amounts to 100% of the total value of the security to issue on behalf of QREN.
Full rebate of the mutual guarantee commission.
For more information see: